Word: saudi
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Dates: during 1990-1999
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...drastically above the $18 spot price that prevailed only a month ago. The worldwide embargo of Iraqi and Kuwaiti oil has removed about 4 million bbl. a day from international trade, and doubts are growing that other producers can make up the shortfall. Some experts are skeptical that Saudi Arabia can increase its production of crude quite as much as the 2 million bbl. daily it has promised. The Saudis notified customers last week that there would be no increase at all in their deliveries of refined products to the world market, - since the gasoline and jet fuel would...
ECONOMIC. War in the Middle East could swiftly cut deliveries of oil from Saudi Arabia and the Arab emirates along the Persian Gulf; ship owners would be loath to send tankers into a war zone to pick up their petroleum. Iraqi missiles could damage Saudi oil fields, reducing supplies even after the war was over (though some experts say much of the damage could probably be repaired in a few months). The shortages would exacerbate the already startling run-up in oil prices. How much is anybody's guess, but $50 per bbl. for crude, vs. a bit less than...
That brief, exhilarating moment of national defiance went unseen and unheard by the world. Each day Kuwait grows more isolated as the Iraqi occupiers cut off the last few lines of telephone communication. Even the dozens of Kuwaiti refugees in Saudi Arabia who call home by mobile cellular phone can rarely get through. Citizens and foreign residents must rely on friends and relatives who have escaped the country to bear their message of despair. Although the tide of refugees is drying up as Iraqis reportedly mine the desert roads, each day brings another exhausted traveler on the run with fresh...
...shells of stripped and abandoned cars, many of them disabled Iraqi military vehicles, glisten beneath the sun. Refugees report a deepening water shortage, and there is concern that the all-important desalinization plant is not being properly attended to. "There is no maintenance," says a Kuwaiti refugee in Saudi Arabia. "Sooner or later everything is going to break down...
There is a Kuwaiti resistance movement, but its effectiveness is difficult to assess. A refugee in Saudi Arabia who identifies himself only as Hussein says Kuwaiti soldiers and police distributed weapons to citizens on the day of the invasion, but there is a shortage of bullets. Refugees say that resistance groups mount hit-and-run attacks by night, targeting small units of Iraqi soldiers and military convoys with Molotov cocktails and hand grenades. When Iraq's intelligence service arrived in Kuwait City with a list of names and addresses of Kuwaiti army officers, civilians went around the city removing house...